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U OVOLUJ, LUCILIUL YOUUUUUUUUIUSCU VUL. 10. In 2001, you purchased a $1,000 par value corporate...

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Accounting

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U OVOLUJ, LUCILIUL YOUUUUUUUUIUSCU VUL. 10. In 2001, you purchased a $1,000 par value corporate bond with a coupon interest rate of 5 percent. Today, comparable bonds are paying 4.30 percent. (L011.5) a. What is the approximate dollar price for which you could sell your bond? b. In your own words, describe why your bond increased in value. wild an a cornerate hand investment that has a face value of

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